Adopted Capital Improvement Program Budget FY 2024-25 through FY 2029-30

City of Morgan Hill Capital Improvement Program FY 2024-25 – FY 2029-30

Project Name: Holiday Lake Improvements

Project No. WA6007

Project Location

Financial Comments Funding for this project is spilt between existing users paid for from the Water Capital Project Fund (653) and new development paid from the Water Impact Fund (651) based on the allocation determined through the Sewer System Master Plan. Additionally, the City has been awarded a $4 million grant for this project from the State of California Department of Water Resources, which will offset ratepayer costs. Operating Cost Impacts There will be increased costs associated with maintaining the new reservoir and pump station identified in this project. Both systems add capacity and will allow for additional ratepayers to support the Water System.

Holiday Lake Estates- East Dunne Ave.

Expenditure Schedule Annual Expenditures

2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

Fund-651 Fund-653

3 , 2 00,000 6 , 5 00,000

- - -

240,000 360,000

1,600,000 2,400,000

- - -

- - -

Project Cost $ 9 , 7 00,000

$ 600,000 $ 4,000,000

Estimated Project Schedule

Timeline for Completion

Complete

Planning

Phase 1 Complete, Phase 2 FY 2026-27

Project Design

Right of Way/ Acquisition/Permitting

Complete

Construction

Phase 1 FY 2024-25 to FY 2025-26 and Phase 2 FY 2027-28 to FY2028-29

Project Close-out

Phase 1 FY 2025-26 and Phase 2 2028-29